Three senior Davy figures have resigned from the financial services firm days after the Central Bank issued it with a €4.13m fine. On Tuesday, Davy Group was hit with the record fine from the Central Bank over conflicts of interest relating to a bond deal in 2014. This appointment is subject to approval by the Central Bank of Ireland. Board consideration of the findings of the Central Bank Investigation is ongoing. The NTMA is monitoring the situation closely and awaits the company’s response to the Central Bank findings.”Read MoreOnline Editors

Source: Irish Independent March 06, 2021 13:04 UTC